218 N 1st Ave, Ely, MN 55731
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218 N 1st Ave, Ely, MN 55731
218 N 1st Ave, Ely, MN 55731
218 N 1st Ave, Ely, MN 55731
218 N 1st Ave, Ely, MN 55731
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Joe Tome

Joe Tome

+1(218) 235-8325
Listed by Anna Yahnke Bear Island Realty LLC
$ 198,500
Est. payment /mo
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218 N 1st Ave Ely, MN 55731

2 Beds

2 Baths

1,636 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,636 sqft

Price per Sqft $121

MLS Listing ID LSA6128015

Bedrooms 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,195

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 52 x 122

Property Sub-Type Duplex

Source lsar

Property Description

Investment opportunity in the heart of Ely! Turnkey dual-income potential. This beautifully maintained duplex features two freshly updated, independent living spaces with modern conveniences throughout. Main Level Unit offers 1+ bedrooms, an updated full bath, and a bright, spacious kitchen with a dedicated dining area. Enjoy single-level convenience complete with a large mudroom and main-floor laundry. Upper-Level Unit is a freshly renovated 1-bedroom apartment featuring an open-concept kitchen, dining, and living area, plus an oversized bathroom with built-in laundry. Enjoy peace of mind with a fully compliant sewer lateral already completed. Separate laundry setups and strong functional layouts make this a low-maintenance, high-demand addition to any portfolio.

Location

State MN

County St. Louis County

Area Lsar

Direction In Ely take Camp Street to 1st Avenue. Turn north and follow to the property on the right.

Rooms

Basement Full

Interior

Heating Forced Air, Propane

Appliance Dryer, Range, Refrigerator, Washer

Exterior

Parking Features Off Street

View Y/N Yes

View City Lights

Roof Type Asphalt Shingle

Garage No

Building

Story 2

Foundation Concrete

Sewer Public Sewer

Water City

Structure Type Vinyl

Schools

High Schools Ely #696

School District Ely #696

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Joe Tome

Joe Tome

Broker Associate License ID: MN 40838057 WI 60567-90

+1(218) 235-8325

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